LEGAL DRAFTING TECHNOLOGY WITH PRECISION AND REASSURANCEThomson Reuters Drafting Assistant is legal drafting software that provides effi ciency gains and minimizes risk. A recent U.S. survey was conducted using a sample group of lawyers who currently use Drafting Assistant. The group included lawyers across multiple practice areas, working in Real Estate, Commercial Law and Contracts, and Business Organizations and Corporate.

The survey asked lawyers to compare time spent on typical drafting tasks before and after Drafting Assistant. It also inquired

about their agreement or disagreement regarding the intended advantages of the software. The fi ndings were substantially favourable, with lawyers calling out effi ciency, integration, accuracy, and risk avoidance as the key advantages of using Drafting Assistant.

The following is an in-depth discussion of the features and benefi ts of Drafting Assistant that support the fi ndings of the survey.

It’s natural to start the drafting process by leveraging existing documents, instead of starting from scratch. Regardless of how you begin, accuracy is the goal. With your busy day, you don’t have time to check and recheck your documents for numeration discrepancies, cross- check defi ned terms, and worry about missing sections. You need to be confi dent that your work is accurate, period.

Using Drafting Assistant’s Deal Proof Analyzer helps you create accurate documents, reducing your fears and boosting your confi dence.

Deal Proof®Use Deal Proof to quickly fi nd and address potential errors, omissions, and inconsistencies that may occur in the process of drafting, negotiating, and reviewing your agreement.

Deal Proof fl ags your document for potential issues and lets you step through the document to correct them. You can also generate reports for fl ags, references, and the outline of the fi ndings, and then remove all markings and links in the document(s).

These items are checked when a document is analyzed:

• Terms that appear to require defi nitions have been defi ned

• Defi ned terms are located in the document and defi ned only once

• Defi ned terms are located as stated in the document

• Entries in the defi nition section are alphabetized

• Punctuation is properly paired

• Similar phrases and expressions are stated with consistency

• Numeration is correct at all levels in the document

• Open issues in the document have been addressed

Further, if your main document contains references to other documents, the referenced documents can also be analyzed.

THOMSON REUTERS DRAFTING ASSISTANT

ACCURACY

“ I feel more confi dent that my documents are error-free after running Drafting Assistant on them.”

“ It’s made my workfl ow more effi cient. I feel more confi dent using it. It frees me up to work on more valuable things.”

Lawyers agree, Drafting Assistant helps them create accurate documents:

79%

Prioritizing your workload can be challenging. And when it comes to drafting documents, the process can be tedious with a disruptive workfl ow. You’re frequently starting and stopping, moving between applications. It’s easy to get side-tracked, overwhelmed, and frustrated.

Using Drafting Assistant helps minimize your workflow distractions and eliminate your frustrations. Instead of starting and stopping, you’re able to start and fi nish the entire drafting process right from your word processor.

EFFICIENCY

RISK AVOIDANCE

“ Drafting Assistant saves me time when I review documents.”

“ Drafting Assistant enables me to effectively use time on higher value activities.”

“ I draft more effi ciently when I use Drafting Assistant.”

Lawyers agree, Drafting Assistant helps make the drafting process more effi cient:

81%

70%

74%

You work hard to maintain your reputation. Don’t let bad legal writing weaken your credibility. Using Drafting Assistant not only reduces the time it takes to complete document drafting tasks, it ensures your document is accurate, ultimately leading to risk avoidance.

Active users said the following about Drafting Assistant:

“ Drafting Assistant allows a level of review that I may have otherwise missed.”

“ I think Drafting Assistant is very useful in catching items I may have missed.”

“ It’s made my workfl ow more effi cient. I feel more confi dent using it. It frees me up to work on more valuable things.”

81%

“ Drafting Assistant catches items that I may have missed.”

With Drafting Assistant, you can instantly identify and resolve potential drafting issues and cut your proofreading time down.

TIME AND COST BENEFIT*

Take a look at how Drafting Assistant helps you save time and money on the drafting process. Lawyers who adopted DraftingAssistant saw a 34% to 77% reduction in time to complete a drafting task. The effi ciency gains resulted in cost savings ranging from $108 to $353 on a given drafting task. The cost-benefi t analysis was calculated using the average hourly rate of the surveyed lawyers. The dollar amounts shown equal time saved multiplied by $283/hr.

Continued ...

Run a report of Deal Proof findings

without Drafting Assistantwith Drafting Assistant

48 minutes

Identify numeration discrepancies and unpaired punctuation

without Drafting Assistantwith Drafting Assistant

45 minutes

Identify open issues

without Drafting Assistantwith Drafting Assistant

34 minutes

Review section cross-references

without Drafting Assistantwith Drafting Assistant

60 minutes

Proofread and analyze documents you are drafting

without Drafting Assistantwith Drafting Assistant

116 minutes

Review/cross-check defined terms – definitions and use

without Drafting Assistantwith Drafting Assistant

81 minutes

$174 SAVED

$155 SAVED

$ $ $ $ $

$108 SAVED

$188 SAVED

$ $ $ $ $ $

$ $ $ $ $ $

$353 SAVED

$245 SAVED

$ $ $

$ $ $ $ $ $

$

$ $ $ $

$ $ $ $

$ $ $ $

$ $

$ $ $

$$$$$$$$$

$

$

$$

with Drafting Assistant

11 minutes

77% TIME SAVINGS

with Drafting Assistant

12 minutes

72% TIME SAVINGS

with Drafting Assistant

11 minutes

68% TIME SAVINGS

with Drafting Assistant

20 minutes

67% TIME SAVINGS

with Drafting Assistant

41 minutes

65% TIME SAVINGS

with Drafting Assistant

29 minutes

$

64% TIME SAVINGS

without Drafting Assistant

without Drafting Assistant

without Drafting Assistant

without Drafting Assistant

without Drafting Assistant

without Drafting Assistant

$$

THE SURVEY CONFIRMED HIGH LEVELS OF SATISFACTION AND LOYALTY

Lawyers

who use Drafting Assistant agree on the value it adds to their practice. They report high levels of satisfaction and loyalty to the software.

Your clients trust you with the decisions that matter most.Trust us to provide the technology you need to win for them.Accurate. Effi cient. Risk Avoidance. The answer is Drafting Assistant.

Review referenced documents, conforming phrases, and cited sources

without Drafting Assistantwith Drafting Assistant

67 minutes

Proofread & analyze documents the other side has drafted

without Drafting Assistantwith Drafting Assistant

100 minutes

Proofread & analyze documents somebody else in your firm drafted

without Drafting Assistantwith Drafting Assistant

92 minutes

$198 SAVED

$ $ $ $ $ $

$325 SAVED

$216 SAVED

$ $ $

$ $ $ $ $

$

$ $ $ $

$ $

$ $ $

$

with Drafting Assistant

25 minutes

63% TIME SAVINGS

with Drafting Assistant

39 minutes

61% TIME SAVINGS

with Drafting Assistant

46 minutes

50% TIME SAVINGS

without Drafting Assistant

without Drafting Assistant

without Drafting Assistant

$

$

$$

$

98% 99%100%

Lawyers who reported being satisfi ed to highly satisfi ed with Drafting Assistant.

who reported they are likely to/very likely to continue using Drafting Assistant.

who would recommend Drafting Assistant.

For more information about Drafting Assistant, go to: www.thomsonreuters.ca/dat

00242EO-E124849-NP MM1B 06/17

Lawyers Lawyers

* All dollar amounts quoted reflect USD.